The first Russian crypto hab will be built in Vladivostok
The construction of a financial center in the free economic zone of Vladivostok, where the first cryptocurrency exchange under the Russian jurisdiction will be opened, as well as offices of Russian and foreign companies developing cryptocurrencies and blockchain projects, has began.
The agreement on the construction of the financial center and the implementation of blockchain projects was signed by the Far East Development Fund (FDFE) and the Tai Cloud Technology company (China). Financial terms of the deal were not disclosed, but it is known that joint projects will use a special taxation regime as a priority for the development of the Far East. One of the first projects of the Financial Center could be the launch of the D1 Coin provided by "Alrosa" diamonds - the Far East Development Fund will implement it in conjunction with the investment fund Diamundi Pte Ltd (Singapore).
The crypto exchange will be created on the investment platform "Voshod" sunrise, which was developed by the Russian company "Freedom Finance", a part of Freedom Holdings (USA). Now "Voshod" trades in securities using the listing on the St. Petersburg Exchange, and announced plans to register as a crypto exchange operator in Japan.
The head of the Far East Development Fund, Alexei Chekunov, insists on the creation of a "Russian Crypto Valley" in Vladivostok, which should be successful due to the proximity of Asian capital and a special taxation regime. At the initiative of the FDFE, the "Crypto Hab" can be declared a testing ground for the standarts of the first Russian law on the regulation of digital assets, which is being developed by the government.
The construction of a financial center in the free economic zone of Vladivostok, where the first cryptocurrency exchange under the Russian jurisdiction will be opened, as well as offices of Russian and foreign companies developing cryptocurrencies and blockchain projects, has began.
The agreement on the construction of the financial center and the implementation of blockchain projects was signed by the Far East Development Fund (FDFE) and the Tai Cloud Technology company (China). Financial terms of the deal were not disclosed, but it is known that joint projects will use a special taxation regime as a priority for the development of the Far East. One of the first projects of the Financial Center could be the launch of the D1 Coin provided by "Alrosa" diamonds - the Far East Development Fund will implement it in conjunction with the investment fund Diamundi Pte Ltd (Singapore).
The crypto exchange will be created on the investment platform "Voshod" sunrise, which was developed by the Russian company "Freedom Finance", a part of Freedom Holdings (USA). Now "Voshod" trades in securities using the listing on the St. Petersburg Exchange, and announced plans to register as a crypto exchange operator in Japan.
The head of the Far East Development Fund, Alexei Chekunov, insists on the creation of a "Russian Crypto Valley" in Vladivostok, which should be successful due to the proximity of Asian capital and a special taxation regime. At the initiative of the FDFE, the "Crypto Hab" can be declared a testing ground for the standarts of the first Russian law on the regulation of digital assets, which is being developed by the government.
Bitcoin is behaving like gold: what does this mean for investors?
Against the backdrop of the conflict between the US and Russia caused by a joint missile strike by the United States, Britain and France on Syrian positions, investors are buying up gold on the Chicago toar exchange. Gold traditionally grows in price in times of international conflicts, since it helps to reduce risks due to possible the possible weakness of major currencies.
Now gold seems to have a new competitor: it's cryptocurrencies, and first of all bitcoin. The cryptocurrency market against the backdrop of US military operations behaved in much the same way as the gold market. Bitcoin has a lot in common with gold: limited supply, large extraction costs, high value. True, bitcoin has more competitors in the cryptocurrency market than gold in the metals market, and its ate depends on many factors, including regulatory measures in different countries.
Nevertheless,cryptocurrencies have firmly entered the "big league": their price depends on the political situation. And a new escalation of the conflict in Syria or other points of global tension will lead to a new jump in the bitcoin rate.
Against the backdrop of the conflict between the US and Russia caused by a joint missile strike by the United States, Britain and France on Syrian positions, investors are buying up gold on the Chicago toar exchange. Gold traditionally grows in price in times of international conflicts, since it helps to reduce risks due to possible the possible weakness of major currencies.
Now gold seems to have a new competitor: it's cryptocurrencies, and first of all bitcoin. The cryptocurrency market against the backdrop of US military operations behaved in much the same way as the gold market. Bitcoin has a lot in common with gold: limited supply, large extraction costs, high value. True, bitcoin has more competitors in the cryptocurrency market than gold in the metals market, and its ate depends on many factors, including regulatory measures in different countries.
Nevertheless,cryptocurrencies have firmly entered the "big league": their price depends on the political situation. And a new escalation of the conflict in Syria or other points of global tension will lead to a new jump in the bitcoin rate.
📅 ICO for the upcoming week 🚀
21 May
🔺AXenS - The most forward thinking B2B platform for Distributed Supply Chain Finance (DSCF) and Distributed Trade Services (DTS).
🔺Ubex - Global decentralized advertising exchange.
🔺Verasity - Next-generation video sharing platform designed to liberate creators and benefit viewers.
22 May
🔺SONDER - High-secure payment algorithm for e-commerce.
🔺BGX - Decentralized financial platform for the mobile games industry powered by artificial intelligence.
🔺Win Wealth - Decentralized Global Wireless Exchange for Traveller'UX.
23 May
🔺HybridBlock - The all-in-one cryptocurrency trading ecosystem.
🔺TrustedCars Flex - Changing Car Ownership forever by turning dealerships into mobility providers.
24 May
🔺Blue Whale - The Decentralized Ecosystem for Self-employed.
🔺TV-TWO - The Decentralized Television Ecosystem.
25 May
🔺SelfPay - Bridging the gap between traditional payments and cryptocurrency.
🔺Cryptfunder - Decentralized funding source for startup ICOs and blockchain companies.
26 May
🔺Egretia - The World's First HTML5 Blockchain Engine and Platform.
🔺Atomic Network - Revolutionizing streaming TV for techies, trekkies, geeks and gamers.
🔺The Acorn Collective - Blockchain based crowdfunding platform.
27 May
🔺Cryptectum (pre-ICO) - Real Estate investment on blockchain basis.
🔺IAGON (pre-ICO) - Global Supercomputer, powered by Artificial Intelligence and Blockchain Technology.
21 May
🔺AXenS - The most forward thinking B2B platform for Distributed Supply Chain Finance (DSCF) and Distributed Trade Services (DTS).
🔺Ubex - Global decentralized advertising exchange.
🔺Verasity - Next-generation video sharing platform designed to liberate creators and benefit viewers.
22 May
🔺SONDER - High-secure payment algorithm for e-commerce.
🔺BGX - Decentralized financial platform for the mobile games industry powered by artificial intelligence.
🔺Win Wealth - Decentralized Global Wireless Exchange for Traveller'UX.
23 May
🔺HybridBlock - The all-in-one cryptocurrency trading ecosystem.
🔺TrustedCars Flex - Changing Car Ownership forever by turning dealerships into mobility providers.
24 May
🔺Blue Whale - The Decentralized Ecosystem for Self-employed.
🔺TV-TWO - The Decentralized Television Ecosystem.
25 May
🔺SelfPay - Bridging the gap between traditional payments and cryptocurrency.
🔺Cryptfunder - Decentralized funding source for startup ICOs and blockchain companies.
26 May
🔺Egretia - The World's First HTML5 Blockchain Engine and Platform.
🔺Atomic Network - Revolutionizing streaming TV for techies, trekkies, geeks and gamers.
🔺The Acorn Collective - Blockchain based crowdfunding platform.
27 May
🔺Cryptectum (pre-ICO) - Real Estate investment on blockchain basis.
🔺IAGON (pre-ICO) - Global Supercomputer, powered by Artificial Intelligence and Blockchain Technology.
Switzerland confirmed the status of the European "capital of Blockchain"
Switzerland topped the European rating of countries comfortable for conducting blockchain start-ups. The authors of the rating - the expert council of the BlockShow Europe forum - assessed the regulatory framework for ICO, the taxation of digital assets and the use of cryptocurrency for payments. An additional advantage was the availability of self-regulating organizations of the crypto-industry.
The community considered the results of the rating to be predictable: in Switzerland, in 2017, 4 out of 10 of the world's largest ICOs were conducted. Gibraltar, which was at the second place, is associated with the desire to draw the attention of the crypto-industry to this jurisdiction, where the world's first legislation for the legalization of ICO was developed.
Full European TOP-10 list:
1. Switzerland
2. Gibraltar
3. Malta
4. Great Britain
5. Denmark
6. Germany
7. Portugal
8. The Netherlands
9. Finland
10. Belarus
Switzerland topped the European rating of countries comfortable for conducting blockchain start-ups. The authors of the rating - the expert council of the BlockShow Europe forum - assessed the regulatory framework for ICO, the taxation of digital assets and the use of cryptocurrency for payments. An additional advantage was the availability of self-regulating organizations of the crypto-industry.
The community considered the results of the rating to be predictable: in Switzerland, in 2017, 4 out of 10 of the world's largest ICOs were conducted. Gibraltar, which was at the second place, is associated with the desire to draw the attention of the crypto-industry to this jurisdiction, where the world's first legislation for the legalization of ICO was developed.
Full European TOP-10 list:
1. Switzerland
2. Gibraltar
3. Malta
4. Great Britain
5. Denmark
6. Germany
7. Portugal
8. The Netherlands
9. Finland
10. Belarus
Equipment for mining will become cheaper after Bitmain's departure
Before the head and co-owner of Bitmain Cihan Wu announced that the company is considering the withdrawal from the market of equipment for mining, as in its place immediately showed up two applicants.
Chinese Canaan Creative (Avalon Miners) and Zhejiang Ebang (Ebit Miners) have applied to the Hong Kong Stock Exchanger for approving applications for giant ICO's worth of one billion dollars each for increasing the production capacity of ASIC chips.
Experts estimate the increase in the equipment market for mining at $ 1.2 billion per year, therefore, the new double offer will be redundant, which will inevitably lead to lower prices.
Bitmain, which removed the main cream from the market of ASIC-miners, moves to the segment of equipment for Artificial Intelligence. According to the founder of the company, Jihan Wu, this is logical for the manufacturer of high-speed chips. Bitmain's competitors in this segment will again be Nvidia and AMD, which have already lost to the Chinese in the battle for the miners.
Before the head and co-owner of Bitmain Cihan Wu announced that the company is considering the withdrawal from the market of equipment for mining, as in its place immediately showed up two applicants.
Chinese Canaan Creative (Avalon Miners) and Zhejiang Ebang (Ebit Miners) have applied to the Hong Kong Stock Exchanger for approving applications for giant ICO's worth of one billion dollars each for increasing the production capacity of ASIC chips.
Experts estimate the increase in the equipment market for mining at $ 1.2 billion per year, therefore, the new double offer will be redundant, which will inevitably lead to lower prices.
Bitmain, which removed the main cream from the market of ASIC-miners, moves to the segment of equipment for Artificial Intelligence. According to the founder of the company, Jihan Wu, this is logical for the manufacturer of high-speed chips. Bitmain's competitors in this segment will again be Nvidia and AMD, which have already lost to the Chinese in the battle for the miners.
Chinese government called Ethereum the most promising cryptocurrency
The CCID Institute at the Ministry of Industry of China kept its word and on Thursday published the first national reliability rating of cryptocurrencies, where Ethereum is on the 1st place, Bitcoin - on the 13th, the Top-10 includes the "damned" in Japan Monero, and growing on the support Gemini ZCash is in the third ten.
The whole rating looks like this:
1-5: ETH, STEEM, LSK, NEO, KMD
6-10: XLM, ADA, IOTA, XMR, STRAT
11-15: QTUM, BTS, BTC, XVG, WAVES
16-20: ETC, XRP, DASH, SC, BCN
21-25: LTC, ARK, ZEC, NANO, BCH
26-28: DCR, HSR, XEM
Publication of the rating has not affected on the exchanger rates. However, the discussion around it is just only growing.
The CCID Institute at the Ministry of Industry of China kept its word and on Thursday published the first national reliability rating of cryptocurrencies, where Ethereum is on the 1st place, Bitcoin - on the 13th, the Top-10 includes the "damned" in Japan Monero, and growing on the support Gemini ZCash is in the third ten.
The whole rating looks like this:
1-5: ETH, STEEM, LSK, NEO, KMD
6-10: XLM, ADA, IOTA, XMR, STRAT
11-15: QTUM, BTS, BTC, XVG, WAVES
16-20: ETC, XRP, DASH, SC, BCN
21-25: LTC, ARK, ZEC, NANO, BCH
26-28: DCR, HSR, XEM
Publication of the rating has not affected on the exchanger rates. However, the discussion around it is just only growing.